Equity (Tables)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Schedule of Stock by Class

The following table reflects the changes in Livent's common shares issued and outstanding for each period presented:

	Issued	Treasury	Outstanding
Balance as of December 31, 2019	146,085,696	(104,012)	145,981,684
RSU awards	256,161	—	256,161
Stock option awards	119,392	—	119,392
Net sales of treasury stock - deferred compensation plan	—	4,744	4,744
Balance as of December 31, 2020	146,461,249	(99,268)	146,361,981
RSU awards	270,775	—	270,775
Stock option awards	109,578	—	109,578
Net purchases of treasury stock - deferred compensation plan	—	(2,350)	(2,350)
Issuance of common stock	14,950,000	—	14,950,000
Balance as of December 31, 2021	161,791,602	(101,618)	161,689,984

Schedule of Accumulated Other Comprehensive Income (Loss)

Summarized below is the roll forward of accumulated other comprehensive loss, net of tax.

(in Millions)	Foreign currency adjustments		Derivative Instruments (1)		Total
Accumulated other comprehensive loss, net of tax as of December 31, 2019	$	(48.3)	$	—	$	(48.3)
Other comprehensive income before reclassifications	3.9		—		3.9
Accumulated other comprehensive loss, net of tax as of December 31, 2020	$	(44.4)	$	—	$	(44.4)
Other comprehensive income before reclassifications	1.3		0.3		1.6
Amounts reclassified from accumulated other comprehensive loss	—		(0.1)		(0.1)
Accumulated other comprehensive loss, net of tax as of December 31, 2021	$	(43.1)	$	0.2	$	(42.9)

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1.See Note 15 for more information.

Reclassifications of Accumulated Other Comprehensive Income

The table below provides details about the reclassifications from accumulated other comprehensive loss and the affected line items in the consolidated statement of operations for each of the periods presented.

Details about Accumulated Other Comprehensive Loss Components	Amounts Reclassified from Accumulated Other Comprehensive Loss (1)				Affected Line Item in the Consolidated Statements of Income
(in Millions)	Year ended December 31, 2021		Year ended December 31, 2019
Derivative instruments
Foreign currency contracts	$	(0.1)	$	1.3	Costs of sales
Total before tax	(0.1)		1.3
	—		(0.1)		Provision for income taxes
Amount included in net income	$	(0.1)	$	1.2
Total reclassifications for the period	$	(0.1)	$	1.2	Amount included in net income

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1.Amounts in parentheses indicate charges to the consolidated statement of operations. No amounts were reclassified for the year ended December 31, 2020. Provision for income taxes was less than $0.1 million for the year ended December 31, 2021.